RegAlert2011-09-20
Added · Updated
The Companies (Registration Offices) Regulations, 2003
The Securities and Exchange Commission of Pakistan establishes Company Registration Offices with specific territorial jurisdictions and mandates the use of a Corporate Universal Identification Number (CUIN) for all incorporated companies, replacing previous registration numbers. The regulations impose strict timelines on registrars for examining and disposing of various company documents, such as one day for name applications and seven days for memorandum alterations, while also defining a tiered additional fee structure for late filings based on the duration of the delay. Furthermore, the rules require the maintenance of all records in an electronic database through eServices, prohibit the acceptance of defective or non-compliant documents, and outline procedures for the transfer of company records when registered offices change jurisdictions.
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C o m p a n i e s
(
R e g i s t r a t i o
*Companies (Registration
Offices) Regulations, 2003
S.R.O. 891(1)/2003, Islamabad, the 5 th September, 2003.- In exercise of the powers conferred by sub-section (2) of section 466 of the Companies Ordinance, 1984 (XLVII of 1984), read with clause (c) of section 43 of the Securities and Exchange Commission of Pakistan Act, 1997 (XLII of 1997), and in supersession of the Notification No. S.R.O. 1139(1)/86, dated the 30th December, 1986, the Securities and Exchange Commission of Pakistan is pleased to make the following regulations, namely:-
- Short title and commencement.- (1) These regulations may be called
the Companies (Registration Offices) Regulations, 2003.
(2) They shall come into force at once. - Definitions.- (1) In these Regulations, unless there is anything repugnant
in the subject or' context,-
(a) "Annex" means an annexure to these regulations; (b) "Company Registration Office" means an office established by the Commission under sub-section (1) of section 466; l[(ba) "CUIN" means. a corporate universal identification number which is a sequential computer generated number assigned to every "company;] (c) "electronic database" means the system for maintaining a database 2 [electronically in respect of all the record of companies]and includes the Corporate Registration System, Corporate Compliance and Facilitation System, and Diary System; , l [(ca) "eServices" means any service or means provided by the Commission for the submission, filing, processing, recording or\ registration of documents electronically;] (d) "Ordinance" means the Companies Ordinance, 1984 (XLVII of 1984); (e) "registrar concerned" means additional registrar, joint registrar, deputy registrar or assistant registrar who is incharge of a Company Registration Office in which a company is registered or in whose territorial jurisdiction its registered office is situated; ─────────────────────────────────────────── * Superseding "Companies (Registration Offices) Regulations, 1986". 1Clauses "(ba) & (ca)” inserted by SRO 599(1)/2011 dated June 13, 2011. 2Substituted for "relating to company information" by SRO 599(1)/2011 dated June 13, 2011.
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Source: Securities and Exchange Commission of Pakistan — original document · Summary generated with machine assistance and reviewed before publication; the authoritative text is the regulator's original document. How RegAlert works
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SECP published 3 documents in the last 30 days. We email you each new one the day it's published.